ICICI Direct Business Development Manager Salaries by 5 Employees (Updated 2025)

3 - 7 years exp.

₹1.2 Lakh - ₹4.8 Lakhs

Low Confidence

Salary of majority employees

59% less than the average Business Development Manager Salary in Financial Services Companies for 3 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Development Manager Salary 7 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.2 L/yr
Data Science & Analytics Business Development Manager Salary 3 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.6 L/yr
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Marketing & Communication Business Development Manager Salary 7 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.2 L/yr
Sales & Business Development Business Development Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.2 L/yr

Last Updated: 21 May 2023

Companies similar to ICICI Direct for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Securities Business Development Manager Salary 3 - 5 years exp. (3 salaries)	₹2.8 L/yr - ₹3 L/yr 5% less
Kotak Securities Business Development Manager Salary 2 - 6 years exp. (4 salaries)	₹3.1 L/yr - ₹5.2 L/yr 47% more
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Sharekhan Business Development Manager Salary 2 - 5 years exp. (4 salaries)	₹7.6 L/yr - ₹11.8 L/yr 146% more
Angel One Business Development Manager Salary 1 - 9 years exp. (155 salaries)	₹1.2 L/yr - ₹5.9 L/yr 31% more	11 job openings
Edelweiss Business Development Manager Salary 1 - 13 years exp. (15 salaries)	₹2.5 L/yr - ₹7.6 L/yr 15% more
Axis Direct Business Development Manager Salary 1 - 12 years exp. (8 salaries)	₹4.9 L/yr - ₹9.8 L/yr 127% more
Karvy Stock Broking Business Development Manager Salary 3 - 13 years exp. (14 salaries)	₹2.3 L/yr - ₹7.3 L/yr 25% more
Geojit Financial Services Business Development Manager Salary 2 - 6 years exp. (4 salaries)	₹4.7 L/yr - ₹7.4 L/yr 62% more
OneAssist Consumer Solutions Business Development Manager Salary 0 - 11 years exp. (33 salaries)	₹3 L/yr - ₹4.8 L/yr 32% more
Teamspace Financial Services Business Development Manager Salary 1 - 4 years exp. (4 salaries)	₹1.9 L/yr - ₹3 L/yr 30% less
Samunnati Financial Intermediation and Services Business Development Manager Salary 1 - 14 years exp. (4 salaries)	₹7 L/yr - ₹8.7 L/yr 154% more
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Niyo Solutions Business Development Manager Salary 1 - 2 years exp. (4 salaries)	₹4.3 L/yr - ₹6 L/yr 55% more

Business Development Manager salary at ICICI Direct ranges between ₹1.2 Lakh to ₹4.8 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of ICICI Direct.

Experience wise ICICI Direct Business Development Manager salaries

Last Updated: 21 May 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹4.7 L/yr
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5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹4.8 L/yr

Similar Designation salaries in ICICI Direct

Senior Business Development Manager Salary

(AmbitionBox Estimate)

₹5.5 L/yr - ₹7 L/yr

Business Development Executive Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Senior Sales Manager Salary

(58 salaries)

₹2.5 L/yr - ₹4.5 L/yr

Area Sales Manager Salary

(4 salaries)

₹1.3 L/yr - ₹5.5 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Branch Manager Salary

(26 salaries)

₹5.15 L/yr - ₹8 L/yr

Relationship Manager Salary

(45 salaries)

₹1.8 L/yr - ₹5.55 L/yr

Sales Manager Salary

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₹1.6 L/yr - ₹3.8 L/yr

Salary related reviews for ICICI Direct

Sales Officer in Thiruvananthapuram

Full Time

Human Resources Department

4.0

• posted on 01 Jul 2022

2.0

for Salary and Benefits

Likes

A person who is really business oriented and is ready to be hardworking in banking field, can find excellent opportunity at ICICI Bank.

Skill development - Good

+3 more

Dislikes

The salary package is really low, salary package and clearance amount should be fully given(including deductions).

Salary - Poor

Senior Sales Manager in Lucknow

Full Time

Sales & Business Development Department

1.0

• posted on 13 Nov 2022

1.0

for Salary and Benefits

Likes

Only one thing SMs just like one man army.SMs are doing everything thing for example sales,sevice,genrate SR,manage bank employee and seniors also just in14000-15000 Rs salary per month

Dislikes

Promotion. Why I dislike promotion because off corporate promote only for target not increase salary ultimately making fool thems employees and that's a masterstrok for corporate side...hahahahahahahaha

Salary - Bad

+6 more

Branch Manager in Mumbai

Sales & Business Development Department

4.0

• posted on 18 May 2022

5.0

for Salary and Benefits

Likes

Flexibility in timing Great Incentive Abroad Contest Salary on Time

Salary - Excellent

+4 more

Dislikes

You have to sell everything - Life insurance Mutual funds PMS Home loan General Insurance Have to ensure that you complete your LI Target and Team Target also

Branch Manager in Kolkata

BFSI, Investments & Trading Department

1.0

• posted on 25 May 2019

3.0

for Salary and Benefits

Likes

I have done mistake to join ICICI Direct, it's Branch Head profile as offer letter but this is individual RM profile with extra responsibility.No one last here max to max 1yr (my experience from EAST) so JOB insecure they remind it every time.1 or 2 old because they joined as management trainee so don't know a healthy environment. i have worked here 2 and half year and performance wise also good but the culture in icici direct like LALA Company, middle hierarchy are really painful. the way they harassment god help .

Dislikes

Middle hierarchy harass and abuse openly and local HR helpless ,they work for their bonus and salary, HR System totally failed even they for middle hierarchy not for company

Job security - Bad

+4 more

Senior Relationship Manager in Chandigarh

Full Time

Other Department

3.0

• posted on 14 Sep 2024

3.0

for Salary and Benefits

Likes

They work on skill development and takes webinar on regular basis Salary credit timely.

Skill development - Good

+1 more

Dislikes

They involves juniors in Office politics Mukesh kapri zonal head of Chandigarh he is the worst person professionaly and personally you will even met you can't work under him or with him

Promotions - Bad

+3 more

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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ICICI Direct Business Development Manager Salary FAQs

What is the salary of Business Development Manager at ICICI Direct?

Business Development Manager salary at ICICI Direct in India ranges between ₹1.2 Lakhs to ₹4.8 Lakhs for experience between 3 years to 7 years. According to our estimates it is 59% less than the average Business Development Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of ICICI Direct India.

How does the salary of a Business Development Manager at ICICI Direct India compare with the average salary range for this job?

The average salary of a Business Development Manager at ICICI Direct is 59% less than the average salary of a Business Development Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than ICICI Direct to a Business Development Manager in India?

Samunnati Financial Intermediation and Services Business Development Manager Salary - ₹7.0 Lakhs to ₹8.7 Lakhs per year
Sharekhan Business Development Manager Salary - ₹7.6 Lakhs to ₹11.8 Lakhs per year
Axis Direct Business Development Manager Salary - ₹4.9 Lakhs to ₹9.8 Lakhs per year
Geojit Financial Services Business Development Manager Salary - ₹4.7 Lakhs to ₹7.4 Lakhs per year
Niyo Solutions Business Development Manager Salary - ₹4.3 Lakhs to ₹6.0 Lakhs per year

What is the salary of a Business Development Manager in companies similar to ICICI Direct in India?

Kotak Securities Business Development Manager Salary - ₹3.1 Lakhs to ₹5.2 Lakhs per year
OneAssist Consumer Solutions Business Development Manager Salary - ₹3.0 Lakhs to ₹4.8 Lakhs per year
Angel One Business Development Manager Salary - ₹1.2 Lakhs to ₹5.9 Lakhs per year
Karvy Stock Broking Business Development Manager Salary - ₹2.3 Lakhs to ₹7.3 Lakhs per year
Edelweiss Business Development Manager Salary - ₹2.5 Lakhs to ₹7.6 Lakhs per year

What is the estimated take home salary of a Business Development Manager at ICICI Direct in India?

The estimated take-home salary of a Business Development Manager at ICICI Direct ranges between ₹22,214 per month to ₹23,694 per month in India. The take-home salary calculation is based on the average ICICI Direct Business Development Manager salary in India which ranges between ₹1.2 Lakhs to ₹4.8 Lakhs per year for employees with experience between 3 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at ICICI Direct?

According to AmbitionBox, 100% of the ICICI Direct Business Development Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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ICICI Direct Business Development Manager Salaries

ICICI Direct Business Development Manager salary in India ranges between ₹1.2 Lakh to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 ICICI Direct latest salaries received from various employees of ICICI Direct.